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All items tagged austerityOpen Think Tank ArticlesOctober 4, 2011 | Security Despite Austerity: Improving Europe's DefenseMemo 34: Europe’s defense sector needs reform. To cut costs and improve capabilities, states should consolidate national priorities to enhance political cooperation, streamline their administrative structures, further integrate their militaries and create an open defense market across the EU. ... MoreGlobal Must Read ArticlesMay 16, 2012 | Berlin's Competitiveness Gains Perpetuate the CrisisEuropean leaders must pay close attention to the “austerity vs. growth” debate. ++ Although there is much condemnation of Europe’s austerity cure, critics are unsuccessful in finding solutions to fund growth. ++ Debtors must become more competitive in the global market. ++ Spain cut unit labor costs by 8.5%, compared to its European counterparts, between 2008 and 2011. ++ ... MoreOctober 26, 2011 | More Productivity, Less Austerity Will Save EuropeThe lack of a common fiscal policy is what allowed the Eurozone debacle to occur. ++ Europe has at the same time experienced extremely low levels of growth compared to the US and emerging markets, forcing it to accrue debt to prevent living standards from deteriorating. ++ Germany’s austerity plan will do little to stimulate growth in Southern Europe. ++ Europe requires wide-reaching structural ... MoreOctober 4, 2011 | Why Europe Shouldn't Listen to ObamaObama’s recommendation for Europe to increase spending as part of a wider-reaching economic stimulus is ill-advised. ++ Cheap credits and low interest rates have been at the heart of a failed US economic strategy. ++ Instead of promoting sustainable growth, the US government has been encouraging economic bubbles to form over the past several decades. ++ The US must bring competitive ... MoreSeptember 28, 2011 | Defence Spending in Europe: Can We Do Better Without Spending More?“The situation of defence capacities in Europe is pretty dire,” concludes Fabio Liberti in his report for the French think tank Notre Europe. “The budgetary crisis that is afflicting member states of the Union is likely to mean more cuts in national defence budgets. The issue of improving the efficiency of spending in defence is therefore one that is being raised with a certain amount of ... MoreSeptember 20, 2011 | Restoring European GrowthAdvanced economies are feeling the strain of a growing economic recession. ++ The economic crisis has spread from the private sector over to sovereign states. ++ Unlike smaller struggling eurozone countries, the world’s most powerful economies should hold off on austerity measures and stimulate their own economies. ++ Reverting back to the national currency is the only way to restore growth and ... MoreAugust 19, 2011 | Britain is a "Lost Ally" for the USThe “special relationship” between the UK and US has become “a rather pathetic British conceit”. ++ In light of severe defense cuts that will see tanks and artillery cut by 40 percent, Britain no longer has the military “mass” to justify its reputation as a vital US ally. ++ In turn, London has lost confidence in nearly all its European partners besides France. ... MoreJune 30, 2011 | Greek Austerity DramaIt is still far from clear how the Greek saga will conclude. ++ The adoption of the austerity package sparked riots and sharpened the question of whether “the increasingly rebellious Greek public” is ready to meet the severe cuts. ++ In case of a default the country is likely to be excluded from the eurozone and markets’ attention would switch to the next “weakest ... MoreCommentsAugust 3, 2010 | Guy- I thought your article made a very good... |
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